“A report from the Information Technology & Innovation Foundation (ITIF) estimated that if U.S. cloud providers were to lose 10-20% of foreign business, it would cost them anywhere from $21.5-35 billion over the next three years.  But their losses present a big opportunity for European and Asian companies to pick up the slack from the growing global cloud market. A market that’s forecast to be worth $148.8 billion in 2014… $160 billion in 2015… and $207 billion in 2016.  Artmotion, Switzerland’s largest offshore hosting company, has already scooped up a big portion of the leftovers. Since the Snowden leaks, its revenue has bounced 45% higher.”

http://dailyreckoning.com/stormy-weather-in-u-s-cloud-computing/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy